The Central Bank Announced the Balance Sheet of the 5th Intervention

The Central Bank of the Republic of Turkey announced the balance sheet of the fifth of the 5 direct interventions it made in the market in 17 days in December. Accordingly, on 17 December, 2.12 billion dollars of foreign currency was sold to the market.

The Central Bank of the Republic of Turkey announced that it started to intervene directly in the market by selling foreign currency in order to prevent the fluctuations in foreign exchange in the last December. The first intervention was made on 1 December, followed by 5 times to the market in total in 17 days direct intervention.

market interventions, 20 days after intervention The Central Bank announced the intervention on December 1 as 844 million dollars, on December 3 as 504 million dollars, on December 10 as 687 million dollars, and on December 13 as 3.12 billion dollars. The balance sheet of the fifth intervention was also announced today. Like previous interventions, the size of this intervention was above expectations.

Sold for $2.12 billion on December 17

The Central Bank of the Republic of Turkey intervened directly in the market on 17 December. $2.12 billion foreign exchange was sold explained. With this statement, the dollar amount, which the Central Bank announced that it sold to the market within 17 days, was updated as follows:

  • December 1: 844 million dollars
  • December 3: $504 million
  • December 10: $687 million
  • December 13: $3.12 billion
  • December 17: $2.12 billion

Total: 7.28 billion dollars (In today’s exchange rate –1 dollar = 13.87 TL- 100 billion 953 million 944 thousand TL)


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